Busselton Central, 30-35 Kent Street,
Busselton, WA 6280
Shops & Retail • Hotel, Motel & Leisure • Showrooms & Large Format Retail
Price information
Sale
Contact Agent
Key property information
Land area
Floor area
Private inspections
to arrange a private inspection.
Stonebridge Property Group - Melbourne
Level 19, 627 Chapel StreetSOUTH YARRA, VIC 3141
Busselton Central, 30-35 Kent Street
Busselton, WA 6280
Map
Newly-Redeveloped Neighbourhood Centre in Growth Hotspot
- Dominant Neighbourhood Centre
- Coles & Reading Cinemas Anchored
- $45M Redevelopment Completed 2023
Stonebridge & CBRE are pleased to present for sale Busselton Central, a strong-performing Coles & Reading Cinemas anchored neighbourhood shopping centre.
The key highlights of the opportunity include:
- The dominant retail offering in Busselton, anchored by a Coles supermarket & Reading Cinema plus 4 destinational mini-majors & 31 shops
- Major $45 million redevelopment & expansion completed in 2023 providing exceptional depreciation benefit potential
- Occupies two high-profile, triple-fronted sites totalling 30,397 sqm* in the epicentre of Busselton CBD, a burgeoning growth & tourism hotspot
- Large total trade area of 66,276 people with high population growth of 2.1% p.a. and retail expenditure growth of 4.6% p.a. to 2031^
- Strong income growth prospects with low specialty gross rents, majority annual fixed % or CPI increases and Coles trading near percentage rent
- Opportunity for further site intensification with DA approval in place
- Estimated fully leased net operating income of $5.07 million p.a.*
^LocationIQ
* Approximately
Busselton Central is offered for sale via Public Expressions of Interest closing Wednesday 24th July at 5.00pm (AEST).
To obtain further information or to arrange an inspection, please contact the exclusive selling agents at Stonebridge & CBRE.
Stonebridge Property Group:
Philip Gartland
0403 582 3...
Justin Dowers
0438 098 8...
CBRE:
James Douglas
0419 973 2...
Property Code: 995
The key highlights of the opportunity include:
- The dominant retail offering in Busselton, anchored by a Coles supermarket & Reading Cinema plus 4 destinational mini-majors & 31 shops
- Major $45 million redevelopment & expansion completed in 2023 providing exceptional depreciation benefit potential
- Occupies two high-profile, triple-fronted sites totalling 30,397 sqm* in the epicentre of Busselton CBD, a burgeoning growth & tourism hotspot
- Large total trade area of 66,276 people with high population growth of 2.1% p.a. and retail expenditure growth of 4.6% p.a. to 2031^
- Strong income growth prospects with low specialty gross rents, majority annual fixed % or CPI increases and Coles trading near percentage rent
- Opportunity for further site intensification with DA approval in place
- Estimated fully leased net operating income of $5.07 million p.a.*
^LocationIQ
* Approximately
Busselton Central is offered for sale via Public Expressions of Interest closing Wednesday 24th July at 5.00pm (AEST).
To obtain further information or to arrange an inspection, please contact the exclusive selling agents at Stonebridge & CBRE.
Stonebridge Property Group:
Philip Gartland
0403 582 3...
Justin Dowers
0438 098 8...
CBRE:
James Douglas
0419 973 2...
Property Code: 995
Property ID: 504624432Last Updated: 26 Jun 2024
Stonebridge Property Group - MelbourneLevel 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141
CBRE - SydneyLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.